https://www.taxtmi.com/caselaws?id=218281 The Tribunal upheld the lower authorities' findings, emphasizing that only tax, not liability, can be deducted from the assessable value. The Appellants' lack of evidence to support the conversion of their liability into tax liability concerning sales tax led to the dismissal of their appeal. The decision was in line with established legal principles and previous judgments, including those by the Hon'ble Supreme Court, regarding the deduction of taxes from the assessable value. en-us Mon, 06 Feb 2012 00:00:00 +0530 Wed, 30 Oct 2013 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218281 The Tribunal upheld the lower authorities' findings, emphasizing that only tax, not liability, can be deducted from the assessable value. The Appellants' lack of evidence to support the conversion of their liability into tax liability concerning sales tax led to the dismissal of their appeal. The decision was in line with established legal principles and previous judgments, including those by the Hon'ble Supreme Court, regarding the deduction of taxes from the assessable value. Case-Laws Central Excise Mon, 06 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218281